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Oracle 1Z0-1053-21 Exam Syllabus Topics:

Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:

1. The company has the following two plans:
1. Life Insurance Plan with Option 1: Employee only and Option 2: Employee Plus Family
2. Medical Insurance Plan with Option 1: Employee only. Option 2: Employee Plus Spouse, and Option 3:
Employee Plus Spouse Plus Child
The company wants to automatically enroll salaried employees into Medical Insurance Option 3: Employee plus Spouse plusChild, if the employee has enrolled into Life Insurance Plan Option 2: Employee Plus family.
Which is the correct configuration for this scenario?

A) Configure the eligibility profile with parameter- Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
B) Configure the eligibility profile with parameter - Personal > Person Type > Employee and Employment tab >Salaried o. Hourly as Salaried" Related coverage > Eligible in another option in plan and attach this to both the plans.
C) Configure the eligibility profile with parameter Person Type > Employee and Employment tab > Salaried or Hourly as Salaried and attach this to both the plans.
D) Configure the eligibility profile with parameter - Person Type > Employee and Employment tab > Salaried or Hourly as Salaried. Related coverage > Eligible for another plan and attach this to both the plans..

2. The reinstatement rule enables you to restore elections during which two events?

A) The open event was accidentally backed out.
B) An intervening life event backed out the open event.
C) The open event was backed out by the administrator from the Benefits Service Center.
D) The intervening life event activated the open event.

3. A company offers its employees a choice of four plans within a health insurance plan type. However, the company wants to compulsorily enroll an employee into one plan.
What must the minimum and maximum plan limit be set at Plan Type level?

A) Min = 1, Max = 2
B) Min = 0, Max = 0
C) Min = 1, Max - 1
D) Min = 0, Max = 1

4. Your customer decided to use some delivered explicit life events in their business. What is your next step asan HCM Consultant after defining triggers as per the retirement?

A) Associate the life events only with benefit plans which are not in a program.
B) Associate the life events only with Core benefit programs.
C) Associate the life events with benefit plans or program.
D) Associate the life events only with benefit plans which are in a program.
E) Associate the life events with only flexible benefit programs.

5. A single Life Event can have multiple uses. Which two statements about the usage of Life events are TRUE?

A) Each occurrence of the life event causes participation evaluation processing to reconsider the plan's availability for a program.
B) The amount of deduction from employee pay check for enrollment is varied based on a life event.
C) Each occurrence of the life event causes participation evaluation processing to reconsider the person's eligibility for the object.
D) Life eventsaffect benefits processing for a participant.

Solutions: